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Echo Global Logistics Sees Q3 2021 Revs $910M-$940M Vs $830.19M Est.; Raises FY21 Revenue Guidance To $3.45B-$3.55B Vs $3.29B Est


Benzinga | Jul 28, 2021 04:20PM EDT

Echo Global Logistics Sees Q3 2021 Revs $910M-$940M Vs $830.19M Est.; Raises FY21 Revenue Guidance To $3.45B-$3.55B Vs $3.29B Est

Pete Rogers, Chief Financial Officer at Echo, concluded, "We remain very encouraged by our record results thus far this year, as they demonstrate the value we are creating for both our shippers and carrier partners. In turn, this is driving our ability to continue winning new business and capture market share. Given the strong start to the first half of the year and solid market fundamentals, we are expecting revenue for the third quarter to be between $910M and $940M, representing 34% year over year growth at the midpoint. In addition, we are raising our full year revenue guidance to be between $3.45B -- $3.55B, representing 39% year over year growth and an 8% increase from our most recent guidance."






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